Government taxation and revenue

September 03, 2020 - 7:32 am
GENEVA (AP) — A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year. Switzerland's Zug canton joins its eponymous main city and several Swiss towns in agreeing to take tax...
Read More
September 03, 2020 - 12:13 am
LOS ANGELES (AP) — The Los Angeles City Council declared a fiscal emergency on Wednesday, paving the way to furlough about 15,000 employees as the city struggles with an economic body blow from the coronavirus pandemic. Another 1,280 employees would receive $80,000 in cash incentives as part of an...
Read More
President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Monday, Aug. 31, 2020, in Washington. (AP Photo/Andrew Harnik)
September 01, 2020 - 1:47 pm
NEW YORK (AP) — A federal appeals court on Tuesday blocked a New York prosecutor from obtaining Donald Trump’s tax returns while his lawyers continue to fight a subpoena seeking the records. The three-judge panel ruled after hearing brief arguments from both sides. Trump's lawyers had asked for a...
Read More
President Donald Trump speaks from the South Lawn of the White House on the fourth day of the Republican National Convention, Thursday, Aug. 27, 2020, in Washington. (AP Photo/Evan Vucci)
August 28, 2020 - 9:05 pm
WASHINGTON (AP) — The Trump administration on Friday allowed employers to suspend collection of some Social Security taxes, although business groups don't like the idea and it may create political headaches for Republicans. Democrats are already saying it would undermine retirement benefits. The...
Read More
Barcelona's Lionel Messi leaves the pitch after the the Champions League quarterfinal soccer match between Barcelona and Bayern Munich in Lisbon, Portugal, Friday, Aug. 14, 2020. Bayern won the match 8-2. (Rafael Marchante/Pool via AP)
August 28, 2020 - 5:15 am
MADRID (AP) — First it was Neymar. Then Cristiano Ronaldo. And now, very likely, it will be Lionel Messi. The Spanish league is about to see another top player leave one of its clubs, all within a four-year span. Messi’s departure would be another unwanted setback for the league, though it hopes to...
Read More
Pam, who declined to give a last name, examines the remains of her partner's Vacaville, Calif., home on Friday, Aug. 21, 2020. The residence burned as the LNU Lightning Complex fires ripped through the area Tuesday night. (AP Photo/Noah Berger)
August 21, 2020 - 6:27 pm
SAN FRANCISCO (AP) — Lightning-sparked wildfires in Northern California exploded in size Friday to become some of the largest in state history, forcing thousands to flee and destroying hundreds of homes and other structures as reinforcements began arriving to help weary firefighters. More than 12,...
Read More
President Donald Trump speaks during a news conference at the White House, Wednesday, Aug. 19, 2020, in Washington. (AP Photo/Evan Vucci)
August 21, 2020 - 5:19 pm
NEW YORK (AP) — A federal appeals court said Friday it wouldn't step in right away to delay New York prosecutors’ effort to get President Donald Trump's tax records, potentially leaving the Supreme Court as his most promising option to block prosecutors' subpoena. The 2nd U.S. Circuit Court of...
Read More
FILE - In this March 13, 2020, file photo, lobsters await shipping at a wholesale distributer in Arundel, Maine. The United States and the European Union have announced a modest agreement to cut tariffs on less than $300 million worth of annual trade between them. The EU will drop import taxes on U.S. lobsters for the next five years and will work to make the move permanent. (AP Photo/Robert F. Bukaty, File)
August 21, 2020 - 2:59 pm
WASHINGTON (AP) — Maine lobsters should soon be returning to European pots under a modest trade agreement announced Friday. In a big win for Maine's beleaguered lobster industry, the European Union agreed to drop its 8% tariff on U.S. lobsters for the next five years and to work to make the move...
Read More
August 14, 2020 - 5:26 pm
WASHINGTON (AP) — After more than two years of browbeating and trade sanctions on Canada and Mexico, President Donald Trump strong-armed the United States’ neighbors into agreeing to supplant a 25-year-old North American trade agreement with one of his own. His pact, meant to update the old deal...
Read More
President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Thursday, Aug. 13, 2020, in Washington. (AP Photo/Andrew Harnik)
August 13, 2020 - 6:47 pm
WASHINGTON (AP) — President Donald Trump’s push to cut Social Security payroll taxes for the rest of the year — and even arguing for a permanent cut — would do little to bolster the coronavirus-battered economy in the short term and could destabilize long-term funding for benefits that millions of...
Read More

Pages